U.S. Federal Debt Reaches Record $39.5 Trillion, Treasury Data Shows

U.S. federal debt reached a record $39.5 trillion, according to the Treasury’s Debt to the Penny database. According to NS3.AI, Adam Kobeissi said the debt has risen by about $3.2 trillion over the last 12 months. The Government Accountability Office warned that the fiscal outlook is projected to deteriorate further if current policies continue.